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ApeCoin’s APE tokens slid early Friday ahead of a token unlock over the weekend. (Bored Ape Yacht Club, modified by CoinDesk)
ApeCoin's APE Could See Selling Pressure Ahead of Major Token Unlock
More than 25 million APE tokens will be released to launch contributors, representing nearly 8% of the circulating supply.
ApeCoin’s APE tokens slid early Friday ahead of a token unlock over the weekend. (Bored Ape Yacht Club, modified by CoinDesk)

Bored Ape (Yuga Labs)
KuCoin Claims Bragging Rights as First Exchange to Offer NFT ETFs
The novel suite of ETF products is denominated in USDT and offers fractional ownership of five blue chip NFT collections.
Bored Ape (Yuga Labs)

(Bored Ape Yacht Club, modified by CoinDesk)
ApeCoin Proposal to Fund 24-Hour BAYC News Site Wins Community Approval
The Bored Ape Gazette will focus on all Yuga Labs projects while while including NFT market data.
(Bored Ape Yacht Club, modified by CoinDesk)

(Bored Ape Yacht Club, modified by CoinDesk)
Avalanche Submits Subnet Proposal for ApeCoin DAO’s Metaverse Migration
The proposal comes weeks after Otherside faced issues on Ethereum.
(Bored Ape Yacht Club, modified by CoinDesk)

(Jungwoo Hong, Unsplash)
While Most Crypto Prices Went Down, Smart Money NFT Trades Were Up: Nansen Data
Staked ETH tokens are still showing signs of investor confidence.
(Jungwoo Hong, Unsplash)

In the real world, there's only one Lombardy, Italy. But that's not quite how "land" works in the metaverse. (Michele Rossetti/Getty Images)
Why on Earth Would Land Be Scarce in the Metaverse?
With their “skeuomorphic” approach to real estate, Web 3 metaverse projects may have fallen into a trap of their own making.
In the real world, there's only one Lombardy, Italy. But that's not quite how "land" works in the metaverse. (Michele Rossetti/Getty Images)

Project Galaxy launched its GAL token today. (Jeremy Thomas/Unsplash)
‘Smart Money’ Wallets Accumulate GAL, Decrease APE Holdings: Nansen Data
PXN: Ghost Division disrupts Yuga Labs’ NFT dominance.
Project Galaxy launched its GAL token today. (Jeremy Thomas/Unsplash)

Markets Daily Podcast Cover
Crypto News Roundup for May 5, 2022
With the dollar's recovery keeping bitcoin under $40,000, a deeper dive into Wednesday’s Fed policy announcement and a look at what a bunch of apes can tell us about the NFT market, CoinDesk’s "Markets Daily" is back with the latest news roundup.
Markets Daily Podcast Cover